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Auto Parts

Classic Collision | Absolute Net Lease

3350 Dixie Hwy NE, Palm Bay, FL 32905

Listing Price: $2,784,000

Cap Rate
6.25%
Tenant Name
Classic Collision
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
13,018
Lease Type
Absolute Net
Rent Per Square Feet
$1.34

Investment Overview

Recent Acquisition of Operating Business [2021]
- Part of Two-Unit “America’s Best Autobody” Acquisition

Rental Increases Every Five Years Including Options
- Three Five-Year Extensions to Renew

Fourth Largest Multi-Shop Operator (MSO) in the Industry
- Backed by 6thLargest Private Equity Fund in the World(per PEI 300)

Projected Population Growth | 103,954 in a 5-Mile Radius
- Less Than Two Miles from Downtown Melbourne

Investment Highlights

  • Corporate Lease with Classic Collision LLC - Over 250 Locations Nationwide
  • Absolute Triple Net (NNN) Offering - No Landlord Obligations | Passive Ownership
  • 146 Feet of Frontage on US Highway 1 - Average Daily Traffic Count of 36,500 Cars Per Day

Exclusively Listed By

Financing By

Auto Parts

Classic Collision | Absolute Net Lease

Listing Price: $2,784,000

Cap Rate
6.25%
Tenant Name
Classic Collision
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
13,018
Lease Type
Absolute Net
Rent Per Square Feet
$1.34

Investment Highlights

  • Corporate Lease with Classic Collision LLC - Over 250 Locations Nationwide
  • Absolute Triple Net (NNN) Offering - No Landlord Obligations | Passive Ownership
  • 146 Feet of Frontage on US Highway 1 - Average Daily Traffic Count of 36,500 Cars Per Day

Investment Overview

Recent Acquisition of Operating Business [2021] - Part of Two-Unit “America’s Best Autobody” Acquisition Rental Increases Every Five Years Including Options - Three Five-Year Extensions to Renew Fourth Largest Multi-Shop Operator (MSO) in the Industry - Backed by 6thLargest Private Equity Fund in the World(per PEI 300) Projected Population Growth | 103,954 in a 5-Mile Radius - Less Than Two Miles from Downtown Melbourne

Exclusively Listed By

Financing By

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